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Commentary

68.1 Charges generally

BOILERPLATE AND COMMERCIAL CLAUSES vol 4(3)
| Commentary

68.1 Charges generally

| Commentary

68: CHARGES

(For sample precedents of clauses as to charging see Form 68.1 [2204] onwards.)

68.1 Charges generally

The word ‘charge’ can have a number of meanings in a commercial contract, including:

  1. (a)

        the fees or payments a party needs to make under the contract, or the costs and expenses incurred by a contracting party1; or

  2. (b)

        legal and equitable charges (eg mortgages), discussed in this section.

‘Retention of title’ clauses, which often give rise to legal and equitable charges, are discussed in a separate section2. The following paragraphs do not consider the drafting of

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